|Published:||Aug 19, 2011 2:26 PM EDT|
|Updated:||Aug 19, 2011 2:39 PM EDT|
FORT MYERS, Fla.- Here’s something that will surprise you.What do cities like Bay City, Michigan and Spokane, Washington have in common with Fort Myers? Well according to a recent article in Forbes, these three cities are the top three cities in the nation for having a recession proof housing market.
In spite of a sixty percent fall in the median sales price and thousands of foreclosures over the last five years, the housing market in Fort Myers is now considered “recession proof."
Here to give us his take on this recent announcement is WINK’s real estate expert Denny Grimes from Denny Grimes & Co. at Royal Shell Real Estate.
If you have a question that you would like Denny to answer, email him at Denny@dennygrimes.com